Textron
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Textron's revenue will expand 9.5% and EPS will improve 51.7%.
The average estimate for revenue is $2.99 billion. On the bottom line, the average EPS estimate is $0.44.
Revenue details
Last quarter, Textron logged revenue of $2.86 billion. GAAP reported sales were 15% higher than the prior-year quarter's $2.48 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.41. GAAP EPS of $0.40 for Q1 were 344% higher than the prior-year quarter's $0.09 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 18.2%, 250 basis points better than the prior-year quarter. Operating margin was 7.4%, 400 basis points better than the prior-year quarter. Net margin was 4.1%, 290 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $12.41 billion. The average EPS estimate is $1.95.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 530 members out of 581 rating the stock outperform, and 51 members rating it underperform. Among 159 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 149 give Textron a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Textron is outperform, with an average price target of $29.15.
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